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JPMorgan moved $1.1 million from Jeffrey Epstein to ‘women or girls’ after terminating client relationship, U.S. Virgin Islands alleges

JPMorgan Chase handled more than $1.1 million in payments from Jeffrey Epstein to “girls or women” after the giant bank…
Finance

Banks say conditions for loans to businesses and consumers will keep getting tougher

Lending conditions at U.S. banks are tight and likely to get tighter, according to a Federal Reserve survey released Monday.…
Finance

Regulators unveil sweeping changes to capital rules for banks with $100 billion or more in assets

U.S. regulators on Thursday unveiled a sweeping set of proposed changes to banks’ capital requirements to address evolving international standards…
Finance

Watch live: ECB President Christine Lagarde speaks after rate decision

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…
Finance

Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike

Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve…
Finance

A CEO quits and the BBC apologizes to Trump ally Nigel Farage. A banking scandal erupts in Britain

LONDON — NatWest Group CEO Alison Rose resigned after a media storm over the termination of Brexit figurehead Nigel Farage’s…
Finance

Deutsche Bank beats expectations despite 27% drop in profit, jump in costs

Deutsche Bank on Wednesday reported a net profit of 763 million euros ($842 million) for the second quarter of 2023,…
Politics

JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges

JPMorgan Chase executive Mary Callahan Erdoes sought advice for a $600 million tax issue from disgraced former financier Jeffrey Epstein…
Politics

Wells Fargo announces $30 billion buyback, shares rise

Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also…
Politics

Senate panel probes billionaire Leon Black’s $158 million in payments to Jeffrey Epstein

A Senate panel on Tuesday revealed a yearlong investigation into Apollo Global Management co-founder Leon Black’s ties to the late…